Profile: Kohl’s Credit Card

Kohl’s offers a store-only credit card (meaning you can only use it at Kohl’s) with instant approval and the ability to use the card today. In fact, you’ll get an immediate 25% off your first day of Kohl’s credit card purchases. And when the card actually comes, you’ll get another 15%-off discount you can use.

The Kohl’s card does not offer an ongoing rewards program, but it does promise a new 15% to 30% discount offer each month. If you spend over $600 in a year with your Kohl’s charge, you get upgraded to MVC (Most Valued Customer) status, and you’ll get 18 discount offers per year.

The Kohl’s Charge has no annual fee but, like many store credit cards, it has a pricey interest rate: 24.49%.